11 Amendments of Sira REGO related to 2021/0211(COD)
Amendment 30 #
Proposal for a directive
Recital 5
Recital 5
(5) The Union committed to reduce to reduce the Union’s economy-wide net greenhouse gas emissions by at least 55 % by 2030 below 1990 levels in the updated nationally determined contribution submitted to the UNFCCC Secretariat on 17 December 202039 , remaining far below the science-based target of the Paris Agreement of at least 65% of reduction necessary in order to limit global warming to 1,5°C degrees. _________________ 39 https://www4.unfccc.int/sites/ndcstaging/P ublishedDocuments/European%20Union% 20First/EU_NDC_Submission_December %202020.pdf
Amendment 32 #
Proposal for a directive
Recital 7
Recital 7
(7) All sectors of the economy need to contribute to achieving those emission reductions. Therefore, the ambition of the EU Emissions Trading System (EU ETS), established by Directive 2003/87/EC of the European Parliament and of the Council41 tohas promote reductions of greenhouse gas emissions in a cost-effective and economically efficiven throughout its 17 years to be unable to achieve the emissions reduction needed to respect the Paris Agreement manner,d should be increased in a manner commensurate with this economy-wide net greenhouse gas emissions reduction target for 2030therefore be repealed and replaced by a system imposing binding GHG reduction's paths in line with climate science. _________________ 41Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a system for greenhouse gas emission allowance trading within the Union and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32).
Amendment 92 #
Proposal for a directive
Recital 30 a (new)
Recital 30 a (new)
(30a) In October 2020, the European Commission stated that it had "not found any concluding evidence of carbon leakage as defined by the ETS Directive in the period of application of the EU ETS".
Amendment 224 #
Proposal for a directive
Article 1 – paragraph 1 – point 11 – point a
Article 1 – paragraph 1 – point 11 – point a
Directive 2003/87/EC
Article 10
Article 10
The Modernization Fund shall primarily support direct public investments in essential sectors and public owned companies.
Amendment 238 #
Proposal for a directive
Article 1 – paragraph 1 – point 11 a (new)
Article 1 – paragraph 1 – point 11 a (new)
Directive 2003/87/EC
Article 10 (1)
Article 10 (1)
(11a) Article 10(1) is amended as follows: "From [date of entry into force of the amendment to be inserted] onwards, all allowances shall be auctioned. (This amendment applies throughout the text. Adopting it will necessitate corresponding changes throughout.)
Amendment 247 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point a – point i
Article 1 – paragraph 1 – point 12 – point a – point i
Directive 2003/87/EC
Article 10 a – paragraph 1
Article 10 a – paragraph 1
In the case of installations covered by the obligation to conduct an energy audit under Article 8(4) of Directive 2012/27/EU of the European Parliament and of the Council(*) [Article reference to be updated with the revised Directive], free allocation shall only be granted fully if the recommendations of the audit report are implemented, to the extent that the pay- back time for the relevant investments does not exceed five years and that the costs of those investments are proportionate. Otherwise, the amount of free allocation shall be reduced by 25 %. The amount of free allocation shall not be reduced if an operator demonstrates that it has implemented other measures which lead to greenhouse gas emission reductions equivalent to those recommended by the audit reportthe recommendations of the audit report are of a binding nature and shall be implemented in the 2 years following the publication of the report. Otherwise, prohibitive penalties shall be imposed on non-compliers. The measures referred to in the first subparagraph shall be adjusted accordingly.
Amendment 318 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g
Article 1 – paragraph 1 – point 12 – point g
Directive 2003/87/EC
Article 10 a – paragraph 8 – subparagraph 2 a
Article 10 a – paragraph 8 – subparagraph 2 a
Intellectual property rights and patents of technologies discovered and developed thanks to the funds allocated to the Innovation Fund shall remain in the public domain.
Amendment 319 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g
Article 1 – paragraph 1 – point 12 – point g
The Innovation Fund allocated to each Member State shall support direct public investments in essential sectors and public owned companies and non-profit entities.
Amendment 320 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g
Article 1 – paragraph 1 – point 12 – point g
Directive 2003/87/EC
Article 10 a – paragraph 8 – subparagraph 2 c
Article 10 a – paragraph 8 – subparagraph 2 c
Part of the budget of the Innovation Fund shall be allocated to knowledge transfer and sharing of new technologies with the public sector of low and middle-income countries.
Amendment 334 #
Proposal for a directive
Article 1 – paragraph 1 – point 12 – point g
Article 1 – paragraph 1 – point 12 – point g
Directive 2003/87/EC
Article 10 a – paragraph 8 – subparagraph 5 a (new)
Article 10 a – paragraph 8 – subparagraph 5 a (new)
Moreover, support under the Innovation Fund shall only be granted to companies that: – commit to safeguard or increase quality employment and salaries in current sites of economic activity; – are neither proceeding to share buybacks nor distributing shareholder dividends or executive bonuses; – are neither registered in, nor part of a group having subsidiaries without real economic activity, in tax havens or other non-cooperative jurisdictions; – have not been involved, investigated or prosecuted for money laundering, terrorism financing, tax avoidance, tax fraud or tax evasion;
Amendment 360 #
Proposal for a directive
Article 1 – paragraph 1 – point 14 – point a
Article 1 – paragraph 1 – point 14 – point a
Directive 2003/87/EC
Article 10 d – paragraph 1 – subparagraph 2 a
Article 10 d – paragraph 1 – subparagraph 2 a